Argentina to Grant Citizenship to Foreigners in Return for Investment

The Argentine government is taking a giant step to attract foreign capital to the country and is launching its citizenship by investment program. Under the new regulation, foreign nationals who will invest $350,000 in the Argentine economy will be eligible to apply for citizenship.

With this strategic move, it is aimed to increase the foreign currency reserves in the country and accelerate economic growth. The details of the application are designed to encourage foreign investors to contribute directly to the country’s economy.